Shares of Tata Investment Corporation Ltd dropped 5.76% to ₹5,367.70 on Tuesday after the company reported its Q3 FY25 results, showing a 38.6% year-on-year (YoY) increase in net profit to ₹19.61 crore. However, the sharp 92.7% YoY decline in consolidated revenue to ₹3.71 crore weighed on investor sentiment, leading to the stock’s decline.
On a standalone basis, revenue rose 42.7% YoY to ₹43.67 crore, compared to ₹30.61 crore in Q3 FY24. Standalone net profit for the quarter stood at ₹34.33 crore, up 42.6% YoY from ₹24.08 crore. For the nine-month period, standalone revenue increased 18.7% YoY to ₹316.81 crore, while net profit stood at ₹247.32 crore, slightly lower than ₹248.65 crore in the previous year.
The stock has a market capitalization of ₹271.46 billion, with a price-to-earnings (P/E) ratio of 73.70 and a dividend yield of 0.52%. The share price moved within a day range of ₹5,337.95 – ₹5,649.55, while its 52-week range stands at ₹5,151.00 – ₹9,756.85.
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